Patrick,
We have a Steering Committee call scheduled for today, so I'm certain we'll
add this to the agenda.
Mark Ladd
LegalXML Steering Committee Secretary
Addison/One, LLC
262-498-0850
mark.ladd@addison-one.com
Original Message-----
From: Patrick Gannon [mailto:patrick.gannon@oasis-open.org]
Sent: Tuesday, December 11, 2007 6:02 PM
To: legalxml-sc@lists.oasis-open.org
Cc: 'Cathie Mayo'
Subject: [legalxml-sc] Revised LegalXML MS 2008 Budget
LegalXML MS Steering Committee,
Cathie and I have been working with the OASIS Board to arrive at a budget
that could be approved by the Board later this month. In working on the
2008 budget, it became apparent that the continued rising costs of
supporting our members with the basic services would require some further
adjustments. We have had to make significant cuts in basic costs including
travel allocations and other employee benefits.
However, to arrive at a balanced budget, we are also going to have to adjust
the membership dues allocation to member sections. In 2007, the IDtrust
already agreed to shift to a 35% allocation. We are now asking the other
three member sections, who are funded through a dues allocation, to do
likewise.
Cathie has re-calculated the forecasted income in 2008 for this member
section, based on the 35% allocation, and that is shown on the attached
spreadsheet. This budget covers the eNotary project and also shows $15,000
in undesignated projects. If you do not have specific designated needs for
these funds, the OASIS Staff have several urgent projects that remain
unfunded for 2008, where we could use these funds.
Please review the attached 2008 budget and let us know if you have any
questions.
Best regards,
Patrick Gannon
President & CEO
OASIS
+1.978.667.5115 x201 - office
+1.978.761.3546 - mobile
Skype: pgannon
www.oasis-open.org